Using the business idea that you have been developing through this course, analyze, formulate a plan, and describe how you might use the concepts of “do it alone”
Video Lecture Presentation – https://youtu.be/ljlBz-rZtkc (watch in 1.5x speed)
Supplemental Videos
Financing Options for Small Businesses: Crash Course Entrepreneurship #16 – https://youtu.be/MYVL1XHeB74
Startup Funding Explained: Everything You Need to Know – https://youtu.be/677ZtSMr4-4
Mark Cuban: Only Morons Start a Business on a Loan – https://youtu.be/KYneLGRTgy8
How to get an SBA loan to start a business – https://youtu.be/j_NJNP4Prew
SBA loans for small businesses – https://youtu.be/155V1G9aE20
National Small Business Week: Access to Capital for Women Entrepreneurs – https://youtu.be/EMiMHK85VIg
SBA Loan for Franchise And Other Financing Options | Al Lesko of Fund My Franchise – https://youtu.be/RWkqhShMjEI
America’s Seed Fund: 40 Years of Seeding the Future – https://youtu.be/_56Ou6y5NqQ
If You Know Nothing About Venture Capital, Watch This First | Forbes – https://youtu.be/a4aUX5u90oA
Financing Your Venture: Angel Investment – Finding an Angel Investor – https://youtu.be/UQE3tW2htLE
VC and Private Equity | Equity Funding – Fund Your Business | Dun & Bradstreet – https://youtu.be/NAtOa6wM3z4
Supplemental Articles
Bootstrapping by Entrepreneur Staff – https://www.entrepreneur.com/encyclopedia/bootstrapping
Bootstrapping (portal) – https://www.entrepreneur.com/topic/bootstrapping
Here are your discussion questions for this week. We are going to focus on the three options described in my video lecture presentation for funding a business. Answer all three questions (*two pages double spaced per question*). APA Format for references, no cover page needed, no plagiarism.
Reflection Questions:
1. Using the business idea that you have been developing through this course, analyze, formulate a plan, and describe how you might use the concepts of “do it alone” (e.g., savings, personal assets, creative financing, bootstrapping, incubators, crowdsourcing) to get your venture up and running. Tell us if this would be your preferred choice and describe why or why not. Be specific.
2. Using the business idea that you have been developing through this course, analyze, formulate a plan, and describe how you might use the concepts of “bring in partners” (i.e., equity financing) to get your venture up and running. Tell us if this would be your preferred choice and describe why or why not. Be specific.
3. Using the business idea that you have been developing through this course, analyze, formulate a plan, and describe how you might use the concepts of “borrow and pay it back” (i.e., debt financing) to get your venture up and running. Tell us if this would be your preferred choice and describe why or why not. Be specific.
The business idea mentioned above is an AI stock market trading software that would identify trends and make recommendations to buy stocks in the US market.
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